Dell Technologies is trading 9.8% up at $466.50 after September 1 earnings exceeded expectations.
- Quarterly revenue reached $47 billion, while adjusted EPS was $7.04 versus $4.91 expected.
- Management raised FY27 revenue guidance by $25 billion to $192 billion and adjusted EPS guidance to $25.50; AI-server backlog reached a record $95 billion.
- The stock is showing volatile early-session activity after falling 6.80% on September 1.